darryl alluded to this in #6, but I don't think anyone linked to it, and it has the ring of truth to me:
http://www.idealog.com/blog/a-first-...ast-post-here/
Quote:
It turns out that the real story of “agency pricing today” is that Amazon demonstrated dazzling marketplace power by keeping all the big publishers on agency terms.
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I recommend reading the whole Shatzkin link. And I also recommend not responding that so and so is a idiot.